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Regulation time: FTX’s collapse prompts African govts to tighten crypto regulation

After the FTX cryptocurrency exchange’s collapse earlier this month that has left a trail of losses for companies and individuals, Africa’s financial regulators have sensed an opportunity to place stricter constraints on crypto’s adoption. Before FTX’s meltdown, the crypto giant was becoming a force for normalizing cryptocurrencies in Africa, through marketing campaigns that enlisted entertainers, […]

Republican Don Bacon adds weight to congressional push to designate Polisario terrorist group

Republican Congressman Don Bacon has joined the growing list of lawmakers backing a bill that would require the U.S. administration to designate the Algeria-backed Polisario separatist militias as a Foreign Terrorist Organization (FTO). His endorsement is seen as a significant development because of his seniority and long background in US national security, le360 reported. Bacon, […]

Sudan raises microfinance lending ceilings in bid to ease inflation pressures

The Central Bank of Sudan announced Monday a significant increase in lending limits for micro and small-scale finance, as authorities seek to cushion the effects of soaring inflation and stimulate economic recovery.   The policy shift, outlined in a Circular, forms part of the bank’s broader 2026 strategy aimed at deepening financial inclusion and supporting […]